INDIA FS LTD

💤Zombieactive

SC558812 · ltd · incorporated 2017-02-27

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

31 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-04-05	2024-04-05

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-10-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-10
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-12-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-08-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-12-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-21
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2020-11-10
📄
gazette-notice-compulsory
gazette · GAZ1
2020-02-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-07-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-07-29
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2018-07-25
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-07-25
📄
capital-allotment-shares
capital · SH01
2018-01-28
➕
SWINTON, Ryan Matthew appointed
secretary
2018-01-28
➕
SWINTON, Ryan Matthew appointed
director
2018-01-28
➖
FORREST, Suzanne resigned
secretary
2018-01-28
➖
FORREST, Suzanne resigned
director
2018-01-28
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-01-28
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2018-01-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-02-27
🏢
Company incorporated
As INDIA FS LTD
2017-02-27
➕
FORREST, Suzanne appointed
secretary
2017-02-27
➕
FORREST, Suzanne appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Ryan Matthew Swinton Individual · British · DOB 12/1984 · age 42	75–100%	—	75-100% shares	27/02/2017

1 historic (ceased) PSC

Miss Suzanne Forrestceased 25/07/2018· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Trade services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
UNIQUE SYSTEM (UK) LIMITED→ SC356252 · est 2009	£28.64M £21.48M–£35.80M	£23.27M	—	3800	17y	95	65y
ENPRO SUBSEA LIMITED→ SC398784 · est 2011	£8.95M £6.71M–£11.19M	—	—	34	15y	84	66y
UNITY WELL INTEGRITY UK LIMITED→ SC273906 · est 2004	£5.70M £4.27M–£7.12M	—	—	8200	21y	84	62y
JAMES JAMIESON CONSTRUCTION LIMITED→ SC386496 · est 2010	£2.69M £2.02M–£3.36M	£13.65M	—	3800	15y	84	68y
CASTLETON FRUIT LTD.→ SC369372 · est 2009	£2.18M £1.63M–£2.72M	£15.34M	—	30100	16y	83	52y
MINTRA LTD→ SC362194 · est 2009	£1.21M £909.4k–£1.52M	£11.76M	—	7500	16y	85	62y
ACUMEN FINANCIAL PLANNING LIMITED→ SC215343 · est 2001	—	—	£1.05M	—	25y	83	74y
ANIRAC LIMITED→ SC280789 · est 2005	—	—	£1.67M	—	21y	83	85y
ASHLEY PROPERTIES ABERDEEN LIMITED→ SC315836 · est 2007 · no financials extracted	—	—	—	—	19y	83	78y
BUILDTALL LIMITED→ SC235986 · est 2002	—	—	£4.39M	—	23y	83	59y
DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST→ SC273043 · est 2004 · no financials extracted	—	—	—	—	21y	83	67y
EIJ DEVELOPMENTS LIMITED→ SC226210 · est 2001	—	—	£1.38M	—	24y	83	69y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2017-02-27

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

51 Newburgh Circle Bridge Of Don Aberdeen Newburgh Circle

Bridge Of Don

Aberdeen

AB22 8XA

Scotland

Filing status

Accounts

Next due: 2027-01-05

Last made up to: 2025-04-05

Confirmation statement

Next due: 2026-06-29

Last: 2025-06-15

Officers (2 active · 2 resigned)

SWINTON, Ryan Matthew→

secretary · appointed 2018-01-28

View their other companies + combined net worth →

Active

SWINTON, Ryan Matthew→

director · ~42y · appointed 2018-01-28

View their other companies + combined net worth →

Active

FORREST, Suzanne→

secretary · appointed 2017-02-27 · resigned 2018-01-28

Resigned

FORREST, Suzanne→

director · ~39y · appointed 2017-02-27 · resigned 2018-01-28

Resigned

Click a director name to see their full track record across all companies.

Recent filings (31 total)

accounts-with-accounts-type-dormant

accounts · AA

2025-10-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-06-15

accounts-with-accounts-type-dormant

accounts · AA

2024-12-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-07-10

accounts-with-accounts-type-dormant

accounts · AA

2023-12-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-06-25

accounts-with-accounts-type-dormant

accounts · AA

2022-08-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-06-30

accounts-with-accounts-type-micro-entity

accounts · AA

2021-12-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-07-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-03-13

gazette-filings-brought-up-to-date

gazette · DISS40

2020-11-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-11-20

gazette-notice-compulsory

gazette · GAZ1

2020-11-10

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-02-03